Requires the following solution to be installed:
- Project Portfolio Budgeting (7a492987-0f5b-4ae4-9c62-9278ea1802c1)
There is a conflicting solution, which should not be installed together with this one:
- Actual Costs and Expenses (69a324ca-faa6-4c65-9b81-2d1571565f8c)
The solution is designed to track Actual Costs and Expenses in case there are no specific records of them available and they are not calculated right in Targetprocess based on work completed, but rather inserted month by month from external resources. It enables the following set of a Monthly Budget view of a Portfolio Epic and Agile Release Train:
- Monthly Labor Actuals
- Monthly Non Labor Actuals
- Monthly CapEx Actuals
- Monthly OpEx Actuals (which is calculated based on Monthly Labor Actuals and Monthly CapEx Actuals)
You will enter the mentioned amounts, and information will sum up hierarchically up to Quarterly and Annual Budgets, and then to Portfolio Epics, Agile Release Trains, and to Portfolios.
Thus we will be able to track Labor and Non Labor actual Monthly, Quarterly, and Yearly, compare them with the Funded Budgets, and see the remaining budget details.
The solution can be enabled from Solution Library. Please contact our Support Team to enable it on your account, if it's not available yet.